Saturday, January 10, 2009

Property Manager Arrested On Suspicion Of Pocketing Rents Without Paying Bills, Leaving Properties Facing Foreclosure, Tenants Without Utilities

In Visalia, California, the Visalia Times Delta reports:
  • The owner of Moreno Property Management in Visalia faces possible felony embezzlement charges. Sylvia Gonzalez, 25, of Visalia, is suspected of collecting rent money and utility payments for properties throughout Visalia and then not making the payments, detectives with the Visalia Police Department said.

  • In some cases tenants in properties managed by her firm lived without electricity and gas, police said. Gonzalez is suspected of fraudulently obtaining bank accounts and forging paperwork to convince property owners that the bills were being paid. The crimes were discovered when some of the properties went into foreclosure, police said. She was arrested Thursday. The extent of the loss and the number of victims is being investigated.

Source: Owner of Moreno Property Management arrested for embezzlement. ThetaTenantRentSkimming